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$556 million invested by a Qatari holding company in a medical project in Astana

Submitted by Вера Александрова on

A meeting of the regional Investment Headquarters was held at the Akimat of Astana, where issues regarding investment projects with domestic and foreign participation were reviewed.

For example, the press service of the Akimat reports that the Qatari investment holding company ‘Power International Holding’ and the company ‘Cynosure’ are planning to build a medical hub in Astana. The project will be implemented in two phases. The first phase is the construction of a medical centre with $196 million (88 billion tenge) in private investment. The second phase is the creation of a medical hub with $360 million (160 billion tenge) in investment.

At the same time, other foreign investors are implementing projects to build international schools ‘Sabis’ and ‘International Community Schools Ltd’.

Also present at the meeting were Russian logistics companies ‘WILDBERRIES’ and ‘Ozon’. ‘WILDBERRIES’ is investing approximately 50 billion tenge in the construction of a regional logistics centre with a capacity of 150,000 sq. m, which will create 6,000 jobs.

“A project is being implemented to build a large Ozon logistics centre with private investment totalling approximately 40 billion tenge. To date, the first phase of the project, covering 30,000 sq. m, has already been commissioned. Work is underway on the construction of the second phase, covering 40,000 sq. m. The project is expected to create more than 5,000 jobs,” the statement reads.

Furthermore, it is reported that the Austrian company ‘LASSELSBERGER’ plans to invest more than 25 billion tenge in the construction of a dry building mixture plant, creating more than 200 jobs. The planned production volume is 100,000 tonnes of mixture per year.

Additionally, the Turkish company ‘Tiryaki’ wants to invest around $200 million in the construction of a wheat processing plant with a capacity of 240,000 tonnes per year.

Incidentally, it was reported the day before that the ban on the import of wheat into Kazakhstan by road, rail, and water transport had been extended for another six months.